IronGuides Explainer
July 14, 2022
IN THIS WEEK’S ISSUE
This month’s Used Equipment Trends report introduces a new format. We have changed the graphs in order to provide greater clarity around market trends.
Tractors over 100 HP are seeing increases in value but age is dropping, indicating strong demand for this type of machine. Note that these machines were particularly impacted by the uncertainty at the beginning of the pandemic.
The Used Equipment Trends includes trends from Combines, Tractors with < 100HP, and Tractors ≥ 100HP.
IN CASE YOU MISSED IT
A brief history of largest tractor brands and their logos | First of Five: John Deere
There are a handful of tractor logos that are instantly recognizable, and many farmers show loyalty to their preferred brands. Here’s a look at how the first of the top five tractor brands in the United States began.
The John Deere Trademark is one of the most recognizable brand names worldwide. Not only is the name top of mind for most people, but so is the brand’s color scheme – green and yellow.
When determining what the value of equipment will be at some point in the future, it can be tempting to use past performance, as reflected in historical depreciation rates, as the benchmark for expected future value.
More Than Color and Age
There’s more to farm equipment appraising than meets the eye. We talked to several experienced appraisers to get their take on the current market for used agricultural equipment in this unusual environment.
We’ve mined our data to create articles that help equipment owners understand trends around used equipment pricing. We would like to share this information with professionals like you, in the ag, outdoor power and construction equipment business.
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